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$2,750,000
Toronto
449 Lansdowne Avenue, Toronto (Dufferin Grove), Ontario, M6H3Y2
This multi-family property in Toronto is for sale offering roughly 2,250 sq ft of space.
Turnkey multi-residential investment delivering an approximately 4% cap rate across 4 legal self-contained units and 4,378 sq ft of fully renovated livable space in prime Toronto. Situated steps from Dufferin Mall, High Park, schools, groceries, TTC transit, and the Bloor GO Station, this legal semi-detached fourplex features a 3-bed/1-bath main unit (approximately 768 sq ft), 3-bed/2.5-bath upper unit (approximately 1,307 sq ft), 2-bed/1-bath basement unit with bright windows (approximately 823 sq ft), and a detached 3-bed/2.5-bath laneway suite (approximately 1,480 sq ft). Every suite includes private entrances, stainless steel appliances, stylish backsplashes, and in-suite laundry. The property delivers immediate, stable in-place income from quality tenants with future rental upside. The property may also offer flexibility for short-term rental use in certain units, subject to local regulations and buyer strategy. Operational features include separately metered hydro, proportionate gas/water splits, tenant-paid internet, on-site parking potential, and City permit street parking. A rare, turnkey acquisition combining effortless operation, strong immediate yield, and exceptional long-term capital appreciation in a prime Toronto location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 54 days on market, against an average age of 47 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 11-bed multi-family in Toronto (Dufferin Grove) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,750,000, about 33.1× the local median household income of $83,000.
Carrying it typically needs a household income of about $537,171 (20% down, 25-yr amortization, stress-tested) — roughly 547% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice